A one stop agency providing
comprehensive information on
Penang’s investment opportunities
and facilitating businesses on setting up

RM 435 billion

Penang’s Exports Value (2023)

RM 150 billion

Penang’s Trade Surplus Value (2023)

RM 63.4 billion

Penang’s Total Manufacturing Investment Value (2023)

Why Invest in Penang?

Penang’s steady growth prospects and sound governance provide a conducive environment for investment, making Penang the preferred destination

Robust Ecosystem
Robust Ecosystem
Conducive business environment with strong and growing clusters
Future-Ready Talent
Future-Ready Talent
Industry ready and innovative multilingual talent pool
Proven Economic Performance
Proven Economic Performance
Recording the highest GDP and top exporter in Malaysia
Competitive Advantage
Competitive Advantage
More than 50 years of industrial experience with robust supply chain
Sustainable Infrastructure & Accessibility
Sustainable Infrastructure & Accessibility
Established industrial parks and well-connectivity to major cities globally
Liveable & ESG-Centric City
Liveable & ESG-Centric City
Work-live-play balanced with diversified culture, food and lifestyle

We create opportunities &
help you get where you need

Electrical & Electronics

The electrical and electronics (E&E) industries in Malaysia aims to strengthen the available ecosystem especially in the area of semiconductor, solar energy, light emitting diodes (LED)…

Medical Devices

The medical devices ecosystem in Penang comprises a wide spectrum of sub-sectors including but not limited to consumables, implants & surgical instruments, and healthcare equipment.

Precision Engineering & Equipment

This sector mainly covers the engineering and manufacturing of precision tools and equipment for various industrial applications, including…

Aerospace / Avionics

With SAM Engineering & Equipment taking a prominent presence here in the State together with few..

Other Industries

In addition to the major sectors, Penang also actively promote investment in halal food.

Penang, the Silicon Valley of the East

A Diversified Business
Ecosystem With
Unlimited Possibilities

High Value Tourism / Hospitality

Penang has been listed as one of the best destinations to visit for the ultimate Asia experience by CNN Travel.

International Education

Penang houses more than 30 institutes of higher learning & technical training centers.

Meetings, Incentives, Conferences & Exhibitions (MICE)

Penang has hosted numerous premier international events and expos.

Healthcare & Wellness

Penang is known for its availability of world-class medical services and facilities internationally.

Ride on The Wave
of Penang’s Blooming
Digital Economy

Global Business Services (GBS)

GBS is centralising work from any global location to optimise cost and streamline processes. This includes outsourcing where companies assign their support functions to third-party service providers.

Integrated Circuit (IC) Design

The development of principal and supporting software as well as digital infrastructures to support applications in both industrial and business context.

Other Services

The creative multimedia industry is making its mark as one of the most sought-after industries in the world.

Let InvestPenang be your first point of contact

As the Penang State Government’s investment promotion agency, InvestPenang will help you get started in your plan to invest here. You can count on InvestPenang to provide the necessary facilitation and to assist you in your decision-making process.

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